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Home›Crypto›Stablecoins›Ripple’s RLUSD is a regulated XRP-native stablecoin ti…

Ripple’s RLUSD is a regulated XRP-native stablecoin tied to the dollar

RLUSD is designed to hold a $1 value per token and is backed one-to-one by cash, short-term U.S. Treasury bills, and other cash equivalents.

Reported · Written up by our desk · Stablecoins

The Block explains that RLUSD is a regulated stablecoin issued by Ripple Labs, the company behind the XRP blockchain.

The token is intended to maintain a steady value of one U.S. dollar per RLUSD.

According to The Block, RLUSD is backed one-to-one by reserves that include cash, short-term U.S. Treasury bills, and other cash equivalents, and it is redeemable for U.S. dollars by approved participants.

The article also frames RLUSD as an XRP-native option within Ripple’s broader digital-asset ecosystem, where the reserve design aims to support the token’s dollar peg.

Latest closeXRP $1.065 ▼1.9%

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Sources

The BlockWhat Is RLUSD? Ripple’s XRP-Native Stablecoin Explained

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